Posts tagged ‘Arab Light’

Imports of Arab Light from Saudi Arabia into the Louisiana Offshore Oil Port are rebounding slowly, even as Saudi Arabia continues to report oil production cuts.

So far in August, Morgan City, Louisiana, the delivery point for LOOP, has taken three cargoes, totaling 1.95 million barrels, of Arab Light, according to the latest S&P Global Platts Analytics and US Customs data. That is compared with no cargoes of Arab Light received at LOOP in July and 1.4 million barrels in June.